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  1. To repay the personal credit card I would do this...

    To repay the personal credit card I would do this in your accounting statements. Set aside a liability account of initial owner contribution payable paired to the assets that you used the card for...
  2. Replies
    101
    Views
    18,467

    I think you are off to a good start by...

    I think you are off to a good start by corresponding with other like minded people on platforms such as this one. I suggest promoting your business on LinkedIn which was mentioned above, and really...
  3. Replies
    14
    Views
    10,088

    I'm currently running through google searches and...

    I'm currently running through google searches and other web browsers compiling some sources and samples for business plans and how some of them look. Do you have an email so I'm not uploading...
  4. Replies
    26
    Views
    17,055

    Is this thread really that old? Because I'm...

    Is this thread really that old? Because I'm going through trying to pick through information and these have been around quite some time. To my suprise I looked at the date and this was five years...
  5. Replies
    17
    Views
    4,084

    Hello there. Agriculture would get my nod as...

    Hello there. Agriculture would get my nod as well. There are much fewer strings attached especially if you can weed out markets that the USDA are heavily involved in. This sounds exponentially...
  6. Replies
    26
    Views
    10,855

    Since you are really good at computers I would...

    Since you are really good at computers I would consider something that keeps your warehousing fees low, and your physical contact low. Fortunes have been won on companies like amazon where supplies...
  7. Definitely think this will be won or lost in the...

    Definitely think this will be won or lost in the marketing strategies and keeping your costs really low.
  8. Replies
    15
    Views
    2,849

    This is a very oddly created pyramid scheme eh?

    This is a very oddly created pyramid scheme eh?
  9. So in your case, rent the 16% of the house to...

    So in your case, rent the 16% of the house to yourself, pay yourself, re-invest that money into your corporation, so it is just an accounting loop that takes money from cash assets to rent expense,...
  10. Thread: Gaming Idea

    by JSturgell
    Replies
    5
    Views
    7,298

    AnIdea, This is one of my favorite...

    AnIdea,

    This is one of my favorite entrepreneurial venture ideas. This sounds like a positive spin on the classic Internet Cafe. I put together a model and a plan for an internet cafe after...
  11. Replies
    10
    Views
    5,500

    LinkedIn is such an untapped resource for so many...

    LinkedIn is such an untapped resource for so many problems. I would definitely start here. The people on it are real and easy to start conversations with.
  12. Powermarkman, Do you correspond in any other...

    Powermarkman,

    Do you correspond in any other ways besides telephone? Trying to find your website.
  13. Thread: Gowth?

    by JSturgell
    Replies
    2
    Views
    341

    You would have to review your total expenses and...

    You would have to review your total expenses and compare to revenues in order to see if there is retained earnings available for further investment into the business, ergo, growth. Otherwise your...
  14. froberts, It sounds like here you only...

    froberts,

    It sounds like here you only need be named beneficiary, much like in any other, I think an S-corp, because it is a pass-through entity, doesn't require much language beyond this but...
  15. Replies
    10
    Views
    4,541

    Donswift90, At the corporation that I...

    Donswift90,

    At the corporation that I work for, HR has the final decision on whether to terminate or not. I find that this is helpful in tall corporations such as mine. They heavily...
  16. I am amazed at all the accounting software out...

    I am amazed at all the accounting software out there that will all but prepare your financial statements so long as you complete a general journal within their software.
  17. Replies
    23
    Views
    10,480

    I think in some of the popular states it is an...

    I think in some of the popular states it is an extremely over-tapped market, but in the states looking for a new law change the best planned business is going to be the one striking gold.
  18. Mongrel, Nice to chat with you. I too am...

    Mongrel,

    Nice to chat with you. I too am pursuing an MBA. Based on what I have learned thus far, I think LLC is the way to go. The LLC will protect your personal assets in the event that...
  19. thethispointer, To secure capital from...

    thethispointer,

    To secure capital from investors and hold back their claim to the company is a difficult thing to do, however, it is possible. In this case you may want to negotiate other...
  20. Replies
    73
    Views
    14,333

    Yikes, I've drafted a lot of potential business...

    Yikes, I've drafted a lot of potential business models. A lot of them have been home based low to medium capital start-ups with expansions detailed for the future in the plans. I didn't think about...
  21. Thread: A start up

    by JSturgell
    Replies
    9
    Views
    3,389

    Networking networking networking. How many...

    Networking networking networking. How many business contacts do you have? Start setting goals to double and triple that number regularly. Through correspondence your exposure will be amplified.
  22. Replies
    3
    Views
    1,540

    I agree with z k formations. Apply budgeting and...

    I agree with z k formations. Apply budgeting and accounting to your personal life like it is a business and get some savings. You'll know when you are ready to step out there with the winner. What...
  23. Replies
    18
    Views
    5,918

    RVIT all the way. I'm excited for you.

    RVIT all the way. I'm excited for you.
  24. Replies
    116
    Views
    27,516

    Hello justSaying, I think the smart...

    Hello justSaying,

    I think the smart approach here would be to identify a debt ratio that you are comfortable with, gather what you have to invest in your business, and then determine what you...
  25. There are available internet sources for...

    There are available internet sources for packaging-for-retail at the start-up level that serves entry level businesses well such as bulkapothecary.com. I am afraid I need to review the rules for...
Results 1 to 25 of 26
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